Comments by "Joey" (@Joey-ct8bm) on "Why is the US Economy Outperforming the EU?" video.

  1.  @jhrusa8125  The US has borrowed 8.7 trillion in 6.5 years and lost their triple AAA status. Pumping 8.7 trillion into the economy isn't a success. Countries like Germany and the Netherlands have around 60% debt to GDP. The US has 120%. The value of the Euro will rise again when the war is over. Growth is important, but debt is too. A little growth for 8.7 trillion is just bad.
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  2. When you borrow 8.7 trillion in 6.5 years you can fake it. The US has added 25% more total debt and are above 100% of GDP while Europe is below a 100% GDP. Countries like Germany and the Netherlands have only 50% to 60% debt to GDP. Well below average. Meaning they make money on exports every year. A lot of money! They don't rely on debt to give their people things. The fact is that they can handle a recession easily. The US has now a AA status and the EU a AAA status for investor's it's safer to put their money in Europe. Only the war in Ukraine holds us back. When that ends it's smooth sailing to growth.
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  3. When you borrow 8.7 trillion in 6.5 years you can fake it.
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